W-8 Forms for Foreign Aliens and Entities

A W-8 form for all foreign aliens/entities is needed for all payments. The IRS requires a mailed original ink signed and dated form to be obtained. A faxed copy or emailed copy is not acceptable. There are four types of W-8 forms. The foreign alien/entity will need to determine the type of form that applies to […]

Read More… from W-8 Forms for Foreign Aliens and Entities

What is your tax rate?

Your Taxable Income Some people have notion in mind that they are taxed on all income they made. In reality, you are taxed on your taxable income rather than the gross income. The taxable income is the amount of income left over after you’ve made your pre-tax contributions to your 401(k) and after you’ve subtracted […]

Read More… from What is your tax rate?